Post by
ariesleaf on Jun 22, 2021 7:13pm
WHAT THE FEELING ABOUT THIS NEW DEAL.?
Everyone thoughts please.
Comment by
Al42 on Jun 22, 2021 7:21pm
Wow...from dead in the water to buying more assets and issuing flow throu shares at .59 cents to get a few million !!! I really don't understand!! After the bankers put them to the wall and now slowly recovering to put us back in the banksters target range doesn't make any sence to me. But what do I know..
Comment by
stockwatcher248 on Jun 22, 2021 7:47pm
so projected Cash Flow per share is now projected to be 14c.....give it a 5X normal market that is 70c...what is the big deal...I see none....
Comment by
ppp on Jun 22, 2021 8:01pm
Wake up the 14 cents is free CF. Your numbers need to use total CF.
Comment by
littledave55555 on Jun 22, 2021 8:07pm
THIS IS SO EXCITING !!!!! DO YOU KNOW WHAT THIS MEAN ???? no really, do you know because i don't see the big deal lol GO SGY GO !!!!!
Comment by
Theconsortman on Jun 22, 2021 8:11pm
Interesting turn of events. I guess they had to sell a property for cash to pay down debt and that they could not raise funds by issuing shares to pay debt. They could issue shares to buy something. Good to see them do something I guess.
Comment by
ppp on Jun 22, 2021 8:12pm
They should do about 30 cents a share CF proforma this deal. Works out to 1.50 at 5 times CF.
Comment by
stockwatcher248 on Jun 22, 2021 8:14pm
in bear markets the muliples are 2-3 times cash flow...normal times 4-5 times cash flow per share...in inflated markets it- 8X10 times cash flow....if you are throwing me a 14c cash flow projection stock 70c, and that is where it should be
Comment by
ppp on Jun 22, 2021 8:21pm
You got it wrong, you need to use CF numbers not FCF numbers. CF will be 30 cents.